Bitcoin mining to boost UK’s renewable energy grid
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand.
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Report: Analysts Identify Trail of Bitcoin Donations to Gaza’s Ruling Group Hamas
An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin (BTC) reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. The development was reported by Israeli financial daily newspaper Globes Feb. 3.Globes reports that a BTC wallet address for receiving the funds was first published Jan. 31…
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AI will fight the ‘darker side’ of AI — Nvidia CEO
Nvidia CEO Jensen Huang thinks that only AI will have the speed to fight AI-produced fake information.
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Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France
Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Greece.Following years of disagreement on what jurisdiction should care about the alleged Bitcoin (BTC) laundering suspect, the Ministry of Justice, Transparency and Human Rights has reportedly decided to finally extradite the Russian citizen…
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Huawei CEO: Why Wait for Facebook? China Can Issue Its Own ‘Libra’
The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency.Huawei CEO: ‘Why wait for others to issue it?’As national news outlet Sina reported quoting a press conference in Italy on July 18, Ren Zhengfei believes China can easily create a digital currency…
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Blockdaemon secures unicorn status with $155M raise
In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion. 476 Total views 15 Total shares Blockchain infrastructure developer Blockdaemon has secured its status as a crypto unicorn after concluding a $155 million Series B fundraiser, putting the company on track to expand its operational footprint in…
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Research: ICO Market Down Almost 100% From a Year Ago, Raised $40 Million in Q1 2019
The initial coin offerings (ICO) market is down 97% on a year-on-year basis making $40 million so far in 2019, according to research by cryptocurrency exchange BitMEX released on May 13.In the first quarter (Q1) of 2019, the ICO market has reportedly dropped by 97% based on the amount of attracted capital. The slump followed…
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Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox
Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.The announcement was shared on the company’s Twitter and shared with account holders via email on July 13, with a vow to “emerge from Chapter 11 positioned for success in the cryptocurrency…
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Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?
Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020. Many analysts, including those from BiotechValley Insights, see "terrible technicals" in the Bitcoin market, noting that the flagship cryptocurrency could extend its ongoing decline until $20,000.Nevertheless, Glassnode Insights, a…